Your budget build for arms and shocks will fully depend on what you WANT / CAN spend....
works and elka's stage 1 or legacy series are a good budget shock...
as for a arms... there's mixed reviews on the alba a arms (my buddy has some on his raptor and they been solid, other then bushings wearing out fairly quick but easy to replace)
If you want a peace of mind full pakcage.... LSR, laeger, Fireball etc are the ones most would recommend...
Fireball LT a arms $750 Elka stage 1 shocks are about 600usd new